Results of the 2011 Year-end Poll of Employers conducted by the Graduate Management Admission Council
RESTON, VA--(Marketwire - Dec 14, 2011) - Results of the 2011 Year-end Poll of Employers conducted by the Graduate Management Admission Council indicate an improved job market for MBAs in 2012. Results of the poll show:
- Nearly three-quarters (74%) of employers plan to hire MBAs in 2012, up from 58% in 2011.
- Not only are more companies planning to hire, but they plan to hire at similar or increased levels in 2012 compared to 2011.
- Nearly four times as many companies are planning to increase the number of MBAs they hire in 2012, compared to 2011 (from 6% in 2011 to 22% in 2012).
- 32% of companies plan to increase salaries for MBA hires.
Download the survey report at the GMAC News Center.
GMAC has conducted the Year-end Poll of Employers since 2009. This poll, combined with our annual Corporate Recruiters Survey conducted in the spring, lend the organization a unique vantage point to help understand and help explain trends in workforce demand for MBA and business master's graduates. A total of 229 employers from 216 companies worldwide participated in the 2011 Year-End Poll of Employers.
The Graduate Management Admission Council (www.gmac.com) is a nonprofit education organization of leading graduate business schools worldwide dedicated to creating access to and disseminating information about graduate management education. GMAC is based in Reston, Virginia, and has regional offices in London (U.K.), New Delhi (India) and Hong Kong. The GMAT® exam was created in 1954 and is used by more than 5,300 graduate management programs at approximately 2,000 business schools around the world to assess applicants. The GMAT -- the only standardized test designed expressly for graduate business and management programs worldwide -- is continuously available at more than 550 test centers in over 111 countries. More information about the GMAT exam is available at www.mba.com.